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Monthly archive April, 2023

U.S. Dollar Slumps Following Consumer Price Inflation Data

The value of the U.S. dollar has come under pressure during trading on Wednesday, extending the pullback seen during yesterday's trading.Original Article Read More →

U.S. Dollar Gives Back Ground As Inflation Data Looms

After moving to the upside during yesterday's trading, the value of the U.S. dollar has given back ground during trading on Tuesday.Original Article Read More →

China Inflation Weakest Since Late 2021; Producer Price Deflation Worsens

China's consumer prices grew at the slowest pace since September 2021 and producer prices declined the most in 33 months in March, providing some space for monetary policy maneuver. Consumer prices gained 0.7 percent on a yearly basis in March, Read More →

U.S Wholesale Inventories Inch Up Slightly Less Than Expected In February

Wholesale inventories in the U.S. edged slightly higher in the month of February, according to a report released by the Commerce Department on Monday. The report said wholesale inventories inched up by 0.1 percent in February after falling by 0.6 Read More →

U.S. Weekly Jobless Claims Decrease From Upwardly Revised Level

With the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits declined from an upwardly revised level in the week ended April 1st. The Labor Department said Read More →

UK Construction Growth Slows On Weaker Residential Work Demand

The UK construction activity logged only a marginal expansion at the end of the first quarter, as the faster rise in the civil engineering category was offset by lower demand for residential works, survey results from S&P Global showed Thursday. Read More →